5/3 Griffiths Street, Reservoir, VIC 3073 | Unit for sale | OnTheHouse
FOR SALE
$545,000 - $565,000

5/3 Griffiths Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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MOVE STRAIGHT IN AND ENJOY PARKSIDE LIVING.

Nestled at the rear of a boutique block of just five single-storey units, this beautifully maintained home offers privacy, comfort, and a wonderful sense of community. Perfectly positioned opposite the picturesque Edwardes Lake Park, you'll enjoy scenic walks, picnic areas, barbecues, and an enviable lifestyle right at your doorstep.
Designed for year-round comfort, the home features premium Magnetite windows that help keep the cold, heat, and outside noise at bay, along with ducted heating and a split-system air conditioner to ensure a comfortable living environment in every season.
Step inside and discover a spacious lounge flowing through to a modern kitchen complete with stone benchtops and a meals area. Offering two generous bedrooms with built-in robes, a central bathroom, private low-maintenance rear courtyard, and a carport, this inviting residence is ready for you to move straight in and enjoy.
Conveniently located within walking distance to cafés, pizza shops, sporting grounds, schools, kindergartens, bus services, Reservoir Railway Station, and the vibrant Edwardes Street shopping precinct, this is an outstanding opportunity for first-home buyers, downsizers, and savvy investors alike.
A cosy, comfortable home in a sought-after parkside location-simply move in and start enjoying the lifestyle.
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Property Details for 5/3 Griffiths St, Reservoir

5/3 Griffiths St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Barry Plant - Reservoir.

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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation.In 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.

Reservoir has 29,150 properties. Over the last 5 years, Houses in Reservoir have seen a -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:

  • The median value for Houses in Reservoir is $936,038 while the median value for Units is $652,602.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 119 properties listed for sale, and 91 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1144 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Adrian Antonello
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Barry Plant - Reservoir
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.